Novartis Ag NVS
NYSE NVS
$137.50 +0.02 (+0.01%)
As of: Sep 10, 2026 · 3:59 PM EDT

Novartis Ag (NVS) Retained Earnings (2009 - 2026)

Novartis Ag's (NVS) quarterly Retained Earnings came in at $40.9 billion in Q2 2026, down 0.96% year-over-year from $41.3 billion in Q2 2025, and up 8.02% quarter-over-quarter from $37.8 billion in Q1 2026.

Analysis

Novartis Ag (NVS) Retained Earnings (2009 - 2026) Analysis & Trends

Novartis Ag has disclosed Retained Earnings across 18 years of filings, most recently posting $40.9 billion for Q2 2026.

  • In Q2 2026, Retained Earnings fell 0.96% year-over-year to $40.9 billion; the TTM figure through Jun 2026 stood at $40.9 billion (down 0.96% YoY), while the FY2025 annual figure was $45.4 billion, up 4.87% from the prior year.
  • Retained Earnings came in at $40.9 billion for Q2 2026 at Novartis Ag, up from $37.8 billion in the prior quarter.
  • In the past five years, Retained Earnings ranged from a high of $62.1 billion in Q2 2022 to a low of $37.4 billion in Q3 2023.
  • Average Retained Earnings over 5 years is $46.6 billion, with a median of $43.5 billion recorded in 2024.
  • Year-over-year, Retained Earnings advanced 22.2% in 2022 and plunged 37.71% in 2023.
  • Over 5 years, Retained Earnings stood at $58.5 billion in 2022, then dropped by 21.63% to $45.9 billion in 2023, then dropped by 5.62% to $43.3 billion in 2024, then grew by 4.87% to $45.4 billion in 2025, then decreased by 10.04% to $40.9 billion in 2026.
  • Per Business Quant data, the three most recent Retained Earnings figures were $40.9 billion in Q2 2026, $37.8 billion in Q1 2026, and $45.4 billion in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 Johnson & Johnson 641.14 Bn 620.38 Bn 17.26 Bn 171.67 Bn
2 AbbVie 451.04 Bn 444.47 Bn 12.70 Bn -17.33 Bn
3 Merck 357.43 Bn 350.29 Bn 12.21 Bn 63.27 Bn
4 Novartis Ag 266.73 Bn 259.04 Bn 11.24 Bn 40.86 Bn
5 Pfizer 157.52 Bn 145.82 Bn 10.94 Bn 112.09 Bn
6 Sanofi 52.14 Bn 44.76 Bn 10.79 Bn -
7 Revolution Medicines 42.88 Bn 42.88 Bn - -4.00 Bn
8 Incyte 24.70 Bn 20.16 Bn 1.57 Bn 1.10 Bn
9 United Therapeutics 21.47 Bn 18.80 Bn 683.80 Mn 9.16 Bn
10 Neurocrine Biosciences 15.82 Bn 15.43 Bn 935.80 Mn 724.00 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 40.86 Bn
Mar 31, 2026 37.82 Bn
Dec 31, 2025 45.41 Bn
Sep 30, 2025 43.61 Bn
Jun 30, 2025 41.25 Bn
Mar 31, 2025 37.62 Bn
Dec 31, 2024 43.31 Bn
Sep 30, 2024 42.56 Bn
Jun 30, 2024 40.97 Bn
Mar 31, 2024 38.90 Bn
Dec 31, 2023 45.88 Bn
Sep 30, 2023 37.37 Bn
Jun 30, 2023 51.06 Bn
Mar 31, 2023 51.25 Bn
Dec 31, 2022 58.54 Bn
Sep 30, 2022 60.00 Bn
Jun 30, 2022 62.10 Bn
Mar 31, 2022 60.70 Bn
Dec 31, 2021 66.80 Bn
Sep 30, 2021 55.92 Bn